Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Thanks for pointing this out, Tams. I wasn't aware that you can not use FC within a function. Just out of curiosity, why not?

 

I'm using this version of the WMA because it is more efficient than WAverage. WAverage has to calculate a loop for each bar, and depending on the length of the smoothing period, these loops can slow down calculations considerably. From Logic's Ergodic oscillator parameters, it appears that triple smoothing is used, so this means that even more loops are calculated per bar.

Share this post


Link to post
Share on other sites
Thanks for pointing this out, Tams. I wasn't aware that you can not use FC within a function. Just out of curiosity, why not?

 

I'm using this version of the WMA because it is more efficient than WAverage. WAverage has to calculate a loop for each bar, and depending on the length of the smoothing period, these loops can slow down calculations considerably. From Logic's Ergodic oscillator parameters, it appears that triple smoothing is used, so this means that even more loops are calculated per bar.

 

 

re: these loops can slow down calculations considerably

 

this code was created 20 yrs ago for the computers of the day.

it won't make a difference with today's computer.

 

 

FC remembers the result from previous calculation, and makes a short cut for the current calculation.

This technique works fine inside an indicator, but the memory gets lost when it is called from within a function.

 

 

Try SUMMATION instead of SUMATIONFC, you will get the result you expect.

Share this post


Link to post
Share on other sites

As an aside loops are generally a pretty poor way of averaging though they are 'unintuitively' what people seem to use. Sum the new point and drop the point n periods ago for the win :)

Share this post


Link to post
Share on other sites

For ch33ch - I tried to pm you, but it was rejected because I haven't posted on this board 5 times. I'll be happy to assist, but you will need to pm me w/ your email address. Standing by, if you're interested ...

Share this post


Link to post
Share on other sites

I seem to remember a couple of early posts of yours at ET. They where pretty succinct but also a fairly detailed account of your methodology. I probably have them in a bit bucket somewhere (though lord know where). Something like that might spark a bit of activity.

Share this post


Link to post
Share on other sites

I'm just used to the flame wars at ET that I'm a bit burnt. No pun intended. I'm in the process of my final update on my book. Give me a few days and I will post a clear synopsis of my method.

Share this post


Link to post
Share on other sites
I'm in the process of my final update on my book. Give me a few days and I will post a clear synopsis of my method.

 

Any update on this? It'd be good to see a clear synopsis here, may stimulate interest over here.

Share this post


Link to post
Share on other sites

From father to son the blood runs thin

See faces frozen still against the wind

The seam is split, the coal face cracked

The lines are long, there's no going back

Through hands of steel and a heart of stone

Our labor day has come and gone

 

-Bono-

Share this post


Link to post
Share on other sites
From father to son the blood runs thin

See faces frozen still against the wind

The seam is split, the coal face cracked

The lines are long, there's no going back

Through hands of steel and a heart of stone

Our labor day has come and gone

 

-Bono-

 

I'm swamped with a new labeling program but will bookmark this and start posting soon.

Share this post


Link to post
Share on other sites

Hi

I read entire thred and the rules posted by Tams , thanks for his effort to help TL. :)

 

i have a doubt related to this :

 

In the rules i read about three charts:

Trading Decision Chart,Strength Chart,Entry Chart , they are 3 differents type of charts ? each with different setting?

 

thanks to all

Share this post


Link to post
Share on other sites
Just getting started here but wanted to say one thing - the volume bars are such a logical chart type. I'm working on cobbling out a Tradestation oscillator.

The tradestation code already exists. You might try sending proflogic a pm.

Share this post


Link to post
Share on other sites

So, does anyone use this method profitably ?

 

How objective is it really ? If two people used the same charting program and the same settings for the ergodic etc....would they both come up with the same entries and exits according to the rules by "Logic" ?

Share this post


Link to post
Share on other sites
So, does anyone use this method profitably ?

 

How objective is it really ? If two people used the same charting program and the same settings for the ergodic etc....would they both come up with the same entries and exits according to the rules by "Logic" ?

 

I use it profitably and know many others that do as well but I'm bias. :cool:

 

How objective is it? Extremely!

 

Most of use eSignal as a data feed and as you are probably aware, being on different data servers will produce very slightly different entries and exits but the overall results are consistent. There are others that use different feeds and even different charting software programs and the results are still extremely close.

The key is to confidently trade what is on your screen and that comes with screen time and building one's confidence in the rules and the outcomes as they play out in real time. The main problem with traders is that they don't have the patience to learn anything, they simply want a turn key method that will trade for them. Once must learn to read a chart first . . . period.

 

Example . . . in skeet shooting when the target is released the outcome is the same. The individual shooting at the clay target, aims and fires. Will everyone shooting at the clay target react in the exact same time frame, no but the reaction is identical. Good thing trading isn't like skeet shooting though where the target must be hit. In trading when executing the the trade in a particular direction it is only necessary that you get the price direction and strength correct. If the target isn't hit, you can still profit from the correct decision.

Share this post


Link to post
Share on other sites

Hi Logic :)

 

Sorry if I'm annoying ,but I really didn't understand if we have to set up 3 differents graphs or in the same graph you use three different kinds of indicators ?

 

tanks Max :)

Share this post


Link to post
Share on other sites
Hi Logic :)

 

Sorry if I'm annoying ,but I really didn't understand if we have to set up 3 differents graphs or in the same graph you use three different kinds of indicators ?

 

tanks Max :)

 

One indicator set at 2 separate speeds on the same price chart.

Share this post


Link to post
Share on other sites

Here is a screen shot of a manual Euro Futures chart from today, a manually traded eMini S&P chart from today and an automated Euro Futures chart from today.

5aa7100daf61a_6EF060110.png.1e3bd42166cfcc08a9b742bc818dea61.png

5aa7100db54ee_ESF060110.thumb.png.10ce0194db811716a17ab94575b19aba.png

SP32-20100601-173141.thumb.png.d59452267f534648b1be63e59a367169.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • re TikTok Recently metafakebook made what was apparently a move to stay aligned with ‘culture’ - no more fact ‘checking’, no more censorhip... basically ‘Zucker’ was shown that his mission was failing because they were only building profiles on ‘useful idiots’ instead of those who oppose the great centralization  (... just like long ago he only saw campus potential and had to be shown the promise and rewarded for fronting the great spyware and social engineering project called Fakebook)... ie they could have replaced him long ago In the same vein, who holds ‘title’ to tiktok doesn’t matter either... it will remain a spyware project regardless of who ‘buys’ it... and the data will forever be available to the CCP Just sayin’
    • Omobola,  As an engineer surely you have money to buy a ticket to Monterey, Mexico... just a hop and a jump from there to Texas...  hth zdo 
    • Date: 20th January 2025.   The NASDAQ Rises As Trump Inauguration Edges Closer!   US indices increased in value for the first time after struggling for 5 consecutive weeks. Of the main US indices the NASDAQ witnessed the strongest gains (4.12%). Risk indicators point to a higher risk appetite under the new US President, Donald Trump. President Trump's inauguration will take place this afternoon and has promised to sign over 100 consecutive orders within his first week. NASDAQ - Higher Investor Confidence! NASDAQ traders begin to stomach less frequent interest rate adjustments, the market turns its attention to earnings and Trump’s presidency. Investors are becoming more bullish under expectations that Trump will apply policies to support the US economy and entice further investment into the US stock market. A "risk-on" sentiment is evident in today's sessions, reflected in risk indicators like the VIX, High-Low Index, and Bond yields.     Investors this week will concentrate on two factors. The first factor is Trump’s consecutive orders which he has advised will be signed within his first week. Investors will closely monitor how and if these policies influence the US economy and stocks. The second factor is earnings season, which will start to gain momentum this week. Tomorrow, Netflix will release its quarterly earnings report after the market closes. Netflix is the NASDAQ’s 10th most influential company and 11th most impactful stock. Analysts expect the company’s earnings per share to drop from $5.40 to $4.21, but for Revenue to rise to $10.11 Billion. If Netflix is able to beat the earnings per share and revenue expectations, fundamental elections would indicate a rise in the price. Over the past 12 months the price has risen 76%. A further increase would further support the NASDAQ. Thereafter, investors will turn their attention to Intuitive Surgical’s earnings report. Currently, investors believe the company’s earnings per share and revenue will rise compared to the previous quarter. Intuitive’s stock has risen by more than 9% in the past week alone indicating that investors believe the company will continue to beat earnings expectations. The company has beat expectations over the past 12-months. How are Markets Reacting to Trump's inauguration? Trump pledged to issue executive orders aimed at advancing artificial intelligence programs and establishing the Department of Government Efficiency (Doge). Analysts expect these two alone to support US stocks. However, investors are not yet certain to what extent upcoming tariffs will pressure the NASDAQ and stocks. During the previous trade wars, the NASDAQ fell by 25% over a period of 4-months. Traders also should note that the NASDAQ rose in the 6-weeks after Trump won the elections. Over the past week, the VIX index fell by more than 12% indicating that the market believes US stocks will perform well under a Trump presidency. Simultaneously, US Bond yields have fallen from 4.80% to 4.58% which is known to positively influence the US stock market. Both the VIX and lower bond yields indicate higher investor confidence as Trump advises that policies will prompt more employment, US made products and more pro-US policies. NASDAQ - Technical Analysis The price of the NASDAQ trades above the 200-bar Moving Average on a 5-minute Chart indicating bullish price movement. Moving Averages have also crossed over upwards and the price trades above the VWAP indicating that the asset is maintaining its bullish momentum. Price action is also forming clear higher highs and higher lows, but investors will be cautious if the price does not find resistance at the $21,637 resistance level. In order to break above this level, investors will be hoping for positive earnings data from Netflix and Intuitive.     Key Takeaways: President Trump's inauguration will take place this afternoon with promise to sign over 100 consecutive orders within his first week. US indices rise after 5 weeks of declines, with the NASDAQ leading at 4.12%. Trump pledged to issue executive orders aimed at advancing artificial intelligence programs and establishing the Department of Government Efficiency. Analysts expect Netflix earnings per share to drop from $5.40 to $4.21, but for Revenue to rise to $10.11 Billion. Investors are becoming more bullish under expectations that President Trump will apply policies to support the US economy and entice further investment into the US stock market. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news. Michalis Efthymiou HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Consider: some 80% of small to medium-sized businesses around the world don’t have a website.   Many businesses in emerging economies rely on social media platforms (e.g., WhatsApp, Facebook) as their primary digital presence instead of formal websites.   But even in more digitally advanced economies, the number can hover around half.   Why? Simple answer: although we’ve made it easier to make a website, it’s still not easy enough.   Let’s say a yoga instructor wants to offer online classes but lacks tech skills or a budget.   Instead of struggling with confusing platforms, she tells her AI agent, “Set up a website for me to host yoga classes.”   The AI handles everything.   It integrates Stripe for payments, Zoom for live classes, scheduling services for in-person classes, and a chat module for inquiries.   It even suggests templates.   When the instructor picks one and asks for a purple and white color scheme, the AI updates it instantly.   No coding. No frustration. Just results.   And the best part? She didn’t have to touch a single screen or key.   This is the future Wilson describes in Age of Invisible Machines.   And, as mentioned, it’s powered by three core technologies:   Conversational User Interfaces (CUIs): Say what you need; the system handles it. From building websites to booking flights, it’s fast and human-like.   Composable Architecture: Traditional business solutions become “modules”. Like LEGO bricks, modular tools—payments, chats, scheduling—snap together to create custom solutions without starting from scratch.   No-Code Programming: AI agents code for you, empowering anyone to create without needing a developer. It’s not just a better way to interact with technology…   It’s a complete reimagining of how industries operate.   As Harvard Business School’s Marco Iansiti says, “This isn’t disruption—it’s a fundamental shift in production and interaction.”   And, the thing is…   It’s not just possible. It’s already happening.   Early examples are already here. – Chris Campbell, AltucherConfidential Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • Question: My name is Omobola Sikiru from Lagos, Nigeria. I am mechanical engineering. Where can I find someone that can be my helper to relocate me to the USA?   Answer: According to your own profile, you are trying to enter other countries through deception and immigration fraud.   You are an engineer in Nigeria, but you are not licensed as an engineer in any other country.   There are no helpers, no sponsors, and nobody is going to give you money, get you an engineering job, or get you a visa.   You must qualify to immigrate. Nobody can help you with that.   Either you qualify and have settling in money, or you don’t.   You need to improve your English before trying to get a job in a Western, English speaking country. Engineers write reports. You wrote, ‘I am mechanical engineering’. Nobody will hire you if you write like this. Rathkeale Source: https://www.quora.com/My-name-is-Omobola-Sikiru-from-Lagos-Nigeria-I-am-mechanical-engineering-Where-can-I-find-someone-that-can-be-my-helper-to-relocate-me-to-the-USA   Profits from free accurate cryptos signals: https://www.predictmag.com/  
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.